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Graham Corporation's budgeted production schedule, by quarters, for the coming year is as follows: 19...

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Accounting

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Graham Corporation's budgeted production schedule, by quarters, for the coming year is as follows: 19 Quarter 1-28,500 units Quarter 2 25,000 units Quarter 3 23,000 units Quarter 4 30,000 units Each unit of product requires three pounds of direct material. The company's pollay s to begin each quarter with 30% oft quarter's direct materials production requirements Graham expects to have 56,000 pounds of direct materials on hand at the beginning of Quarter What would be Graham's budgeted direct materials purchases for the second quarter of the year? Multiple Choice 19 73,200 pounds. Skipped 95,700 pounds 76,800 pounds 71850 pounds. 75,000 pounds

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